Ask Economics Question

You are welcome to ask questions on Economics.

I will post the answer on this blog, for everyone to benefit from.

I shall try to answer the economics question and / or point to other resources but please bear in mind.

  1. The replies will be guidance and not for duplication. Your essays should always be your own work.
  2. My speciality is economics for British A Level standard. My university economics is rusty in parts, because generally I don’t use it in teaching A level economics.
  3. I can’t guarantee to always give answers it also depends on my time schedule.
  4. The aim is not to do people’s homework for them, but, help in the understanding of economic concepts.
  5. The answers will not necessarily be complete. I know several of my essays on this site could be improved.
  6. Please Write the Questions clearly and with proper spelling. Some questions I have not answered because they were not clear what was meant.
  7. I will answer as a new post. Check home page of blog for new post. With question and answers

I studied PPE at Lady Margaret Hall college, Oxford University, and currently work as an Economics A Level teacher. I have also examined several different economic units for Edexcel AS and A2.

If you find the information useful, you are welcome to buy me a coffee :)

About The Author

579 thoughts on “Ask Economics Question”

  1. How would I the price elasticity of demand if the mean price is $7.50 and the mean quantity is 20,000? I don’t even know where to begin. My text book does not offer a proper equation for a problem with missing numbers.

    Reply
  2. THANK YOU FOR YOUR INSIGHT ON THIS QUESTION
    HOW DOES THE MONEY MULIPLIER DIFFER WHEN CURRENCY HOLDINGS ARE ZERO. COMPARED TO WHEN CURRENCY HOLDINGS ARE GREATER THAN ZERO?

    Reply
  3. Both illicit and legal drugs are often cited as the classic example of goods which are very price inelastic. Explain why

    Reply

Leave a comment


Item added to cart.
0 items - £0.00